Donald Trump said Tuesday at the White House that he’s pushing the Supreme Court for an emergency ruling on a case that’s already halfway through the courts, one that could blow a hole in his entire tariff 0 to reporters, Trump said the appeal of the ruling that blocked his tariff authority needs to be resolved fast. “We’re going to be going to the Supreme Court, we think tomorrow, because we need an early decision,” he 1 added that he’ll be asking for “early admittance” and “an expedited ruling.” This is all tied to a decision handed down Friday by the 2 of Appeals for the Federal 3 a 7–4 split, the court said Trump didn’t have the power to roll out most of the tariffs he’s been using, especially the ones imposed through the International Emergency Economic Powers 4 judges said only Congress has the power to tax imports, and that Trump’s moves went beyond the limits of presidential 5 ruling is paused until October 14 to give the administration a shot at getting the Supreme Court to reverse it.
“If you take away tariffs, we could end up being a third-world country,” Trump 6 claimed the entire financial structure of the 7 could collapse if the court doesn’t act quickly. “The financial fabric of our country is at stake,” he 8 claims the market is reacting to the court ruling Speaking just hours after market indexes dipped, Trump blamed the drop on the court’s decision. “The stock market’s down because of that, because the stock market needs the tariffs,” he told reporters. “They want the tariffs.” He offered no market data to back that claim, but said the ruling spooked traders and investors who’ve come to expect tariff protections as part of his economic 9 tariffs under fire were pushed earlier this year using the 1977 emergency 10 of the duties reached as high as 50% on imports from countries Trump accused of failing to stop the flow of fentanyl into the 11 list included China, Mexico, and Canada; all of them top trade 12 administration argued that fentanyl was enough of a national security threat to justify the 13 court 14 its opinion, the Federal Circuit wrote that “the core Congressional power to impose taxes such as tariffs is vested exclusively in the legislative branch by the 15 said Congress never gave presidents the right to act unilaterally on tariffs unless very specific conditions were met, conditions they said weren’t present in Trump’s case.
“Tariffs are a core Congressional power,” the court 16 braces for legal fallout while Trump slams India trade Trump’s officials aren’t sitting around 17 Secretary Scott Bessent told reporters that while the administration is confident the Supreme Court will support the tariffs, a fallback plan is already in the 18 didn’t say what Plan B looks like, but made it clear the administration expects a fight. meanwhile, the web of reciprocal tariffs Trump placed on dozens of countries is now legally 19 White House hasn’t said what will happen if the Supreme Court refuses to hear the case, or rules against 20 if Friday’s decision stands, it could instantly shrink the scope of 21 the ruling, the Tax Foundation estimated that nearly 70% of imports were affected by Trump’s 22 number would fall to just 16% if the Supreme Court upholds the lower court’s 23 top of all that, Trump zeroed in on India in a post, accusing the country of taking advantage of the U.
S. “They sell us massive amounts of goods, their biggest ‘client,’ but we sell them very 24 now a totally one-sided relationship, and it has been for many decades,” he 25 now rides on whether the Supreme Court agrees to take the case, and whether it’s willing to fast-track a 26 is betting they 27 up to Bybit and start trading with $30,050 in welcome gifts
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